| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $29.55M | $11.79M | $3.71M | $-26.91M | $13.56M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $1.30M | - |
| Gross Profit | $0.00 | $0.00 | $0.00 | $-28.21M | $13.56M |
| Gross Margin % | 0.00% | 0.00% | 0.00% | 104.84% | 100.00% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $368.68K | $286.63K | $560.83K | $232.72K | $1.34M |
| Other Operating Expenses | $57.39K | $36.62K | $84.62K | $121.55K | - |
| Total Operating Expenses | $426.07K | $323.26K | $645.44K | $354.26K | $1.34M |
| Operating Performance | |||||
| Operating Income | $0.00 | $0.00 | $0.00 | $-25.64M | $12.21M |
| Operating Margin % | 0.00% | 0.00% | 0.00% | 95.27% | 90.08% |
| EBITDA | $31.04M | $12.38M | $3.54M | $-25.64M | $3.24M |
| EBITDA Margin % | 105.04% | 104.93% | 95.60% | 95.27% | 23.92% |
| Other Income/Expenses | |||||
| Interest Expense | $1.91M | $904.97K | $482.33K | $1.63M | $3.01M |
| Other Income/Expenses Net | $0.00 | $0.00 | $0.00 | $-1.63M | $195.49K |
| Income Before Tax | $29.12M | $11.47M | $3.06M | $-27.27M | $12.41M |
| Income Tax Expense | $0.00 | $0.00 | $0.00 | $71.54K | - |
| Net Performance | |||||
| Net Income | $29.12M | $11.47M | $3.06M | $-27.27M | $12.41M |
| Net Margin % | 98.56% | 97.26% | 82.58% | 101.32% | 91.52% |
| EPS | $2.45 | $0.97 | $0.26 | $-2.30 | $1.05 |
| Diluted EPS | $2.45 | $0.97 | $0.26 | $-2.30 | $1.05 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | - | $590.00 | $128.84K | $1.60K | $219.45K |
| Short Term Investments | - | - | - | $2.36M | $2.95M |
| Net Receivables | $3.01M | $5.59M | $2.72M | $2.75M | $2.97M |
| Inventory | - | - | - | $5.55M | $1.00 |
| Other Current Assets | - | - | - | $-5.55M | $2.20M |
| Total Current Assets | - | - | - | $2.76M | $5.38M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | - | - | - | - | - |
| Long Term Investments | $238.22M | $240.71M | $239.15M | $200.35M | $179.64M |
| Tax Assets | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | $-200.35M | $-179.64M |
| Total Non-Current Assets | - | - | - | $200.35M | $180.39M |
| Total Assets | |||||
| Total Assets | $241.23M | $246.30M | $242.16M | $203.11M | $185.77M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $2.38M | $1.86M | $1.41M | $392.57K | $273.60K |
| Short Term Debt | - | - | - | $11.61M | $1.47M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | - | - | $-11.21M | $1.20M |
| Other Current Liabilities | - | - | - | $-392.57K | $-1.74M |
| Total Current Liabilities | - | - | - | $392.57K | $1.47M |
| Non-Current Liabilities | |||||
| Long Term Debt | $57.00M | $57.50M | $57.50M | $69.11M | $47.50M |
| Other Non-Current Liabilities | - | - | - | $-68.71M | $-47.50M |
| Total Non-Current Liabilities | $57.00M | $57.50M | $57.50M | $392.57K | $48.21M |
| Total Liabilities | |||||
| Total Liabilities | $66.67M | $70.12M | $72.27M | $69.89M | $49.68M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $156.72M | $156.27M | $156.30M | $156.22M | $156.17M |
| Retained Earnings | $17.85M | $19.92M | $13.58M | $-23.00M | $-20.08M |
| Accumulated Other Comprehensive Income/Loss | - | - | - | $-23.00M | $-20.08M |
| Total Shareholders Equity | $174.56M | $176.19M | $169.88M | $133.22M | $136.09M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $241.23M | $246.30M | $242.16M | $203.11M | $185.77M |
| Total Debt | $57.00M | $57.50M | $57.50M | $69.11M | $48.97M |
| Net Debt | $57.00M | $57.50M | $57.37M | $69.10M | $48.75M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $29.12M | $11.47M | $3.06M | $-27.27M | $12.41M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock Based Compensation | - | - | - | - | - |
| Working Capital Changes | |||||
| Change in Accounts Receivable | - | - | - | $-36.48K | $-210.29K |
| Change in Inventory | - | - | - | - | - |
| Change in Accounts Payable | - | - | - | $-1.33M | $-100.53K |
| Other Working Capital Changes | - | - | - | $342.12K | $10.88K |
| Total Working Capital Change | $2.18M | $-3.14M | $2.46M | $-1.03M | $-299.94K |
| Other Operating | |||||
| Other Non-Cash Items | $-23.82M | $-2.42M | $1.49M | $39.07M | $-6.11M |
| Net Cash from Operations | $7.48M | $5.91M | $7.01M | $10.78M | $5.99M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | - | - | - | - | $-2.00 |
| Purchase of Investments | - | - | - | $-152.23M | $-64.84M |
| Sale of Investments | - | - | - | $157.53M | $89.75M |
| Other Investing Activities | - | - | - | - | - |
| Net Cash from Investing | - | - | - | $5.30M | $24.91M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | - | $-2.00M | - | $-1.57M | $-20.14M |
| Stock Repurchases | - | - | - | - | - |
| Dividends Paid | $-9.35M | $-9.37M | $-9.36M | $-9.40M | $-9.54M |
| Other Financing Activities | $1.74M | $5.58M | $2.66M | $-1.57M | $-3.00 |
| Net Cash from Financing | $-7.62M | $-5.78M | $-6.71M | $-10.97M | $-29.68M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $-136.70K | $122.10K | $300.62K | $-186.89K | $-212.53K |
| Cash at Beginning of Period | $332.84K | $196.15K | $318.24K | $618.87K | $431.98K |
| Cash at End of Period | $196.15K | $318.24K | $618.87K | $431.98K | $219.45K |
| Key Metrics | |||||
| Operating Cash Flow | $7.48M | $5.91M | $7.01M | $10.78M | $5.99M |
| Capital Expenditure | - | - | - | - | $-2.00 |
| Free Cash Flow | $7.48M | $5.91M | $7.01M | $10.78M | $5.99M |